View full page at forexfactory.com

 

ECB’s Coene says there is “no concrete proposal” on corp bond buying

From forexlive.com

“too early to say” on more ECB measures; ECB’s gov council member and Belgian central bank head Luc Coene quoted in L’Echo newspaper and on the wires a few moments ago; EURUSD posted 1.2740 but back to 1.2735; We haven’t talked about it seriously yet, but it is an element that has already been mentioned by some as one of the criticisms is that if we curtail ourselves to the current instruments and wish to reach the volumes that we have in mind, thst could mean having to pay very high prices; To avoid that we could extend our interventions to other instruments, such as corporate bonds. This is the current discussion, ... (full story)

Story Stats

  • Posted:
  • Category: High Impact Breaking News